Karnataka requests Centre to lift export ban on 'Bangalore Rose Onion'
Bengaluru: The Karnataka government on Monday requested the Centre to lift the ban on export of 'Bangalore Rose Onion' with immediate effect to benefit a large number of small and marginal farmers of the state.
In a letter to Union Commerce Minister Piyush Goyal, Minister for Horticulture and Sericulture Narayana Gowda requested the Centre to assign a separate Harmonised System (HS) code for Bangalore Rose Onion.
"I would like to share with you that Bangalore Rose Onion is a unique GI product grown in Karnataka.
This variety of onion is grown by the small and marginal farmers and only for export purpose with insignificant domestic market," Gowda said in his letter.
He said any restriction on export of this variety of onion would directly affect the farmers and the exporters engaged in it and put them to hardship.
The Centre has banned export of all types of onions to regulate the price and ensure hassle free supply of essential commodities in the market.
The government, he said, also requested the Centre to assign a separate HS code for Bangalore Rose Onion to facilitate and promote the export of this variety, he said.
"I wish to bring to your kind attention that during 2000 -2001, the Government of India assigned a separate HS code for Bangalore Rose onion.
However, this was subsequently done away with," he noted.
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Yes Bank co-founder Rana Kapoor gets bail in bank fraud case; to walk out of jail after four years
Mumbai, Apr 19: A special court here on Friday granted bail to Yes Bank co-founder Rana Kapoor in the Rs 466.51 crore bank fraud case, paving the way for him to walk out of jail after four years.
The Enforcement Directorate (ED) arrested Kapoor in March 2020 in a money laundering case, and he has been booked in eight cases related to fraud at the bank.
The banker has now secured bail in all the cases.
Kapoor's lawyer Rahul Agarwal said they were trying to complete the bail formalities to facilitate his release as early as possible.
The court has granted bail to Kapoor in the CBI's case against him and Avantha Group promoter Gautam Thapar for allegedly indulging in criminal conspiracy, criminal breach of trust, cheating and forgery for diversion of public money to the tune of Rs 466.51 crore.
